By Krishna K — Nov 12 - 10:10 PM
AUD/USD unchanged in Asia after trading in a narrow 0.6516-0.6538 range
Pares losses after early drop to 0.6516 on softer-than-expected wages data
Australia Q3 wage growth slows to 3.5%, lowest since late 2022
Data unlikely to influence RBA policy to any great extent, taken in stride
CNY drifts touch higher after higher-than-expected PBOC fix, supports AUD
U.S. CPI Wednesday, Australia jobs data Thursday seen as key for direction
Support 0.6510-15, loss opens 0.6489; resistance 0.6550, 0.6570-80
Asia range 0.6516-0.6539
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Source:
Refinitiv IFR Research/Market Commentary